@Peter W.From my experience, a second-home investment strategy works best when you meet lender conditions like owner occupancy and rental restrictions.

Have a good lease with "teeth" - late fees for late rent, occupancy rules, pet rules and etc. - and do not violate your own lease by being too easy, or very quickly you will not have any lease at all and your tenant(s) will do whatever they want at your expense. 

What you could doIs continue to pay that loan and have the owner also select finance you the balance.

Therefore, you as the property owner would have a state entity assisting in any battle over a safe unpermitted unit.  

@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!

The Owners Agreement has been a big help as it delineates the exclusive use/rights and shared rights to each area of the property. 

I would actually really like to see the owner/partner Marco Santarelli post here to clear any of this stuff up as I had considered investing with Norada at one point as well.

As the owner of the property that is being severely mismanaged, do I have the ability to move the money directly to my bank through government action?

Owner is a licensed real estate broker in the state of Alabama.

One of the smarter recent strategies is the owner is living in the ADU and renting out both levels of the main house on AirBnb.I invest in the Bay Area and Indianapolis metro area (Class A suburb and Class C).